Recovery From Economic Crisis

Absolutely, things will get better...but we have to keep in mind..this economic crisis started from the top and came down and crashed on the bottom (Street). So, the recovery will and is going to be seen first on the top and then gradually it will (eventually) hit main street (Middle class, People looking for jobs, fresh graduates, businesses and those who really suffered during this turmoil ETC.). Its like a chain and the leader has to lead us out of this crisis because it was the leader that led us to it.

So, if China, Japan and other economies like them have been hit hard due to US. Then yes, when things will get better here on Wall Street and Financial Institutions will have stability, more and more signs of inner growth will be visible, the consumption will get back on track that will automatically bring the production on its way to better levels ahead.

However, we should learn from our mistakes and observe and restructure our strategies to lead the world out of this crisis by keeping us safe and secured. I believe our new administration led by Mr. Obama will have a strong and long lasting impact on our countries economic growth from within. The more powerful we are from inside the better of we are in confronting any challenge that lies ahead .

Us economy is back on track: Yes, I think so we have hit the bottom (too early to confirm) but the economy is a state of Consolidation....the recovery platform is really fragile. It will take at least 3 to 9 month for us to really confirm that we are moving upwards with a strong base. New administration is placing all the right tool to make the recovery with strong and stable platform so that for sure we see a recovery (Growth).

As far as the street level is concerned: I am involved in retail business as well and for sure people (regulars) are suffering...jobs are hard (Almost Impossible) to find....A lot of people are and using their savings and most of them are now broke as they been out looking for job and its tough.
Plus, It is hard to find something when you are desperate...especially job/ work...because each door you knock during hard times seems to be the only hope out of present situation and definitely present job market is not helping at all. (Skilled, Experienced, Educated and fresh all looking for work).


It is obvious that the Global Economic crisis is hitting the bottom (Japan, Germany, Spain, US, China) and other leading economies are doing whatever necessary and possible to make this not last for years to come.

This is what I think we need for a stronger growth....

1: Stable Financial Institutions.
2: Better and Stronger Regulations for Consumer. Policies that help rather than abuse.
3: Stronger Regulatory Bodies. The ones that evaluate and reevaluate Institutions, organizations and infrastructures of businesses around the country.
4: Credit Flow. For the help and use according to ones means and ability to afford.
5: Stronger Infrastructure. Federal and Local Government.
6: A Strong Educational System (That educates and prepares our generation to compete, be innovative and Constructive on the bases of Compassion, Equity and Justice).
7: Health Care system that protects the poor and middle class rather than crippling them.
8: Cost Effective Transportation and Technology system for people.
9: A Strong Foreign Policy that put/ places USA in a stronger and a better shoe. A Nation that Cooperates with its Allies and others, Leads to conflict resolution, a Nation that is Innovative, Strong and Powerful when approaching its Counters and the one that leads and supports others through difficult situations/ times....All by keeping us more safe, productive, effective and strong.